[Translation] Ref. PDI.B.02.23/2002 23 April 2002 To : President The Stock Exchange of Thailand Re. : Resolutions of the board of directors' meeting, No. 02-2002 The board of directors of Padaeng Industry Public Company Limited at its meeting, No. 02-2002 on 23 April 2002 has adopted the resolutions to acknowledge the resignation of Mr. Areepong Bhoocha-oom, representative of Ministry of Finance, from PDI's directorship effective 19 April 2002. Please be notified accordingly. Yours truly, - Signature - (Pinit Vongmasa) Chief Executive Officer Board Secretary Division Tel. 02 661 9900 Ext. 1402, 1501 (Translated by Dr. Surin Tanticharoenkiat) Page 1 of 1